How much does it cost to sell on Amazon? How much do I need to prepare?

It is relatively simple to open a store on Amazon. You just need to prepare the materials and funds for opening a store, and then choose a site to register an Amazon store. This article mainly talks about how much does it cost to sell on Amazon?

How much do I need to prepare for Amazon e-commerce fees?

1. Registration Fees

For novice sellers, they need to apply for a business license first, the fee of which ranges from 500 yuan to 1,500 yuan.

If you register by yourself, the registration fee for a store is 0; if you entrust the registration to an agency, the fee is approximately 500 to 2,000 yuan, and the specific fee depends on the actual situation.

If you buy a store directly, the price will be almost over 10,000 yuan.

2. Platform Fees

After opening an account, you need to pay platform fees. Amazon's platform fees are relatively high, including monthly service fees, commission fees, and withdrawal fees, etc. The Mango store manager will give you a detailed introduction.

(1) Monthly service fee

Amazon's current monthly service fee is US$39.9 for the entire site.

(2) Commission Fees

On different sites, the commission fees for various products are also different. For example, on the US site, the sales commission for mobile devices is 17%, and the applicable minimum sales commission is US$0.3 per item. If you need a more complete site sales commission price list, you can comment below the article and the Mango store manager will message you privately after seeing it.

(3) Withdrawal Fees

Each platform will charge a certain fee when withdrawing money. The fee rates can be compared with different payment companies. For example, on the Amazon platform, WorldFirst's withdrawal fee is 0.3%, Payoneer's domestic withdrawal fee is 1.2%, and PingPong's is 1%. Some platforms also have restrictions on the withdrawal amount. For example, OZON requires more than 1,000 US dollars to apply for a withdrawal, and the money will be automatically transferred after the application is successful.

3. Procurement costs

Before withdrawing cash, you need to pay for the purchase of goods yourself. It is recommended that novice sellers who do not have a source of goods can find sources of goods from platforms such as 1688 or Pinduoduo, and choose drop shipping, so there is no risk of stockpiling.

In addition, there are logistics costs, advertising costs and cross-border e-commerce ERP costs. Adding these costs together, the cost of doing Amazon e-commerce is about 30,000 to 60,000 yuan.